Burberry Group PLC (LON:BRBY) price target increased to 1,250.00GBX, issued a ratings update today by Bryan Garnier
- Updated: October 18, 2016
Boasting a price of 1,431.50GBX, Burberry Group PLC (LON:BRBY) traded -7.21% lower on the day. The last close is up 11.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Burberry Group PLC has recorded a 50-day average of 1,372.65GBX and a 200-day moving average of 1,254.83GBX. 8,168,074 shares of BRBY traded, up from an average trading volume of 2,267,470
Bryan Garnier upped the price target of Burberry Group PLC (LON:BRBY) to 1,250.00GBX reporting a potential downside of -0.13%.
Previously on 10/17/2016, Exane BNP Paribas reported on Burberry Group PLC (LON:BRBY) held steady the target price at 1,460.00GBX that suggested a downside of -0.04%.
Burberry Group PLC has a 52 week low of 1,039.00GBX and a 52 week high of 1,545.00GBX with a PE ratio of 20.22 Burberry Group PLC’s market capitalization is currently 0 GBX.
Also covering Burberry Group PLC's target, a total of 29 equity analysts have released a ratings update on BRBY. The one year target is 1,290.43GBX with 2 firms rating the stock a strong buy, 5 brokerages rating the company a buy, twenty brokerages rating the stock a hold, 3 brokers rating the stock a underperform, and finally one analyst rating the company a sell.
General Company Details For Burberry Group PLC (LON:BRBY)
Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company's segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts. The Licensing segment is engaged in the receipt of royalties from the Company's partners in Japan and global licensees of eyewear, timepieces and European childrenswear. The Company's product divisions are Womens, Mens and Childrens apparel, Accessories, and Beauty (which includes fragrance and make-up). Its subsidiaries include Burberry Latin America Holdings, S.L, Burberry (Suisse) SA, Burberry (Taiwan) Co Ltd, Burberry (Thailand) Limited and Burberry FZ-LLC.
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